As coronavirus infections in Japan spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget. ( read original story ...)
Bitcoin could soar to $100,000 by the end of next year as demand rapidly exceeds supply, a crypto investor says
Anthony Pompliano told CNBC that Janet Yellen was "notorious" for tolerating higher inflation and that her nomination could push Bitcoin higher. ( read original story ...)
Japan to give tax breaks for long-term foreign residents to attract financial experts
Japan plans to implement tax incentives for long-term foreign residents as part of efforts to turn the country into a major international financial hub, government sources said Wednesday. Under the ... ( read original story ...)
Bitcoin could soar to $100,000 by the end of next year as supply rapidly exceeds demand, says a crypto investor
Anthony Pompliano told CNBC Janet Yellen is "notorious" for tolerating higher levels of inflation and her nomination could push bitcoin higher. ( read original story ...)
Ethereum Upgrade Adds to Crypto Mania Sparked by Bitcoin’s Surge
An upcoming upgrade for Ethereum, the most-actively used blockchain in the world, is adding to the mania around cryptocurrencies sparked by the jump in Bitcoin. ( read original story ...)
JD Unit Seeks up to $3.5 Billion in Asia’s Biggest Health IPO
JD Health International Inc. is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. ( read original story ...)
China Firm Seeks Shot Approval; Tokyo Restaurants: Virus Update
A leading Chinese vaccine developer applied to bring its shot to the market, seeking to get a jump on Western rivals as the race for a working inoculation against the pandemic enters the final stretch ... ( read original story ...)
Japan’s Nikkei Up Nearly 2% as Asia-Pacific Shares Mostly Rise After Dow Surges to a New Record
In Japan, the Nikkei 225 jumped 1.87% while the Topix index gained 1.47%. The Hang Seng index in Hong Kong also saw robust gains as it advanced 1.37%. South Korea's Kospi advanced 0.58%. Over in ... ( read original story ...)
Nikkei jumps 1.6% as Dow hits all-time high on Biden transition
The Nikkei share average rose 1.59% to 26,581.98 ... Tokyo’s call comes after the Japanese government on Tuesday paused its domestic travel promotion campaign in the cities of Sapporo and ... ( read original story ...)
POLL-Nikkei faces correction before gains next year
Japanese shares will likely see a correction in the near term following a global rally fuelled by coronavirus vaccine hopes, but will rise next year to their highest levels in three decades, a Reuters ... ( read original story ...)
Japan MOF panel urges wise spending, budget balance as focus shifts to post-COVID
TOKYO (Reuters) - Japan must pursue "wise spending" to back digital transformation and better productivity rather than simply boosting the size of stimulus in the wake of the COVID-19 pandemic, an ... ( read original story ...)
Bitcoin Tests Record High With $20,000 in Focus as Fund Managers Shift Cash Into Crypto
Bitcoin prices has surged more than 90% since early September, thanks in part to an accelerating shift from institutional funds in gold and dollar alternatives. ( read original story ...)
Coinbase To Issue A New Crypto Tax Form For 2020
For the 2020 tax year, Coinbase is issuing a new tax form (1099-MISC) and abandon the Form 1099-K which created a tax nightmare for many taxpayers. ( read original story ...)
Nikkei faces correction before gains next year: Reuters/Ipsos poll
The Nikkei has surged to levels unseen since the collapse of the bubble economy and is up more than 13.8% this month, even though the world is seeing another wave of infections. Rising coronavirus ... ( read original story ...)
Japan stocks set to trade higher after Dow surges to a new record
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,490 while its counterpart in Osaka was at 26,440. That compared against the Nikkei 225's last ... ( read original story ...)
Market tailwinds mean Japan remains the land of the rising stock
And that may not be the end of its run. Japan’s attractiveness as a cog in a well-diversified equity portfolio is not waning heading into the final months of 2020. The Nikkei’s rebound off the March ... ( read original story ...)